Maybe this is why the stimulus isn’t creating tons of jobs yet

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Across the United States, as of June 19, 2009, Treasury had outlayed about $29 billion of the estimated $49 billion in Recovery Act funds projected for use in states and localities in fiscal year 2009.

And how is that $29 billion being spent? Like this (hint, not on infrastructure projects):

Posted by 90% of stimulus money being given to out-of-control state governments | The Kansas Progress | Report as abusive

Jul 13, 2009

8:25 pm UTC

[...] Reuters blogger named James Pethokoukis linked to the report under the headline, "Maybe this is why the stimulus isn't creating tons of jobs yet," implying that the [...]

Posted by How Stupid Talking Points Get Started &#8211; The Plank | Report as abusive

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James Pethokoukis is the Money & Politics columnist for Reuters Breakingviews. Previously, he was the business editor and economics columnist for U.S. News & World Report. Pethokoukis has written for many publications including The New York Times, The Weekly Standard, Commentary, USA Today, and Investor's Business Daily. Pethokoukis is also an official CNBC contributor. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS. A graduate of Northwestern University and the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion. james.pethokoukis@thomsonreuters.com